Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) announced a monthly dividend on Wednesday, October 7th. Stockholders of record on Thursday, December 17th will be paid a dividend of $0.0566 per share by the investment management company on Thursday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend is Thursday, December 17th.
Clough Global Dividend and Income Fund Stock Down 0.9%
GLV traded down $0.05 during trading on Wednesday, reaching $5.77. 25,359 shares of the stock were exchanged, compared to its average volume of 43,125. The business’s 50 day moving average price is $6.08 and its two-hundred day moving average price is $6.19. Clough Global Dividend and Income Fund has a 1 year low of $5.74 and a 1 year high of $6.65.
About Clough Global Dividend and Income Fund
Clough Global Dividend and Income Fund (NYSE American: GLV) is a closed-end investment company that seeks to provide current income and long-term capital appreciation. The fund invests in a diversified portfolio of securities issued by companies and other entities around the world.
Its portfolio may include dividend-paying common stocks, preferred stocks, convertible securities, corporate and government debt, and other income-producing investments. The fund may also use derivatives and other investment strategies to manage exposure, pursue income, or seek capital appreciation.
Clough Global Dividend and Income Fund is advised by Clough Capital Partners L.P., an investment management firm focused on global and alternative investment strategies.
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